Analyst Rating: Will Grupo Financiero Galicia S.A. (GGAL) Stock Outperform the Market?

Friday, November 24, 2023 10:33 AM | InvestorsObserver Analysts

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InvestorsObserver is giving Grupo Financiero Galicia S.A. (GGAL) an Analyst Rating Rank of 3, meaning GGAL is ranked higher by analysts than 3% of stocks. The average price target for GGAL is $7 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating GGAL a Hold today. Find out what this means to you and get the rest of the rankings on GGAL!
See Full GGAL Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Grupo Financiero Galicia S.A. Stock Today?

Grupo Financiero Galicia S.A. (GGAL) stock is up 15.9% while the S&P 500 is lower by -0.03% as of 10:30 AM on Friday, Nov 24. GGAL is up $2.15 from the previous closing price of $13.50 on volume of 970,528 shares. Over the past year the S&P 500 has risen 13.15% while GGAL is up 101.94%. GGAL earned $2.25 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.9. Click Here to get the full Stock Report for Grupo Financiero Galicia S.A. stock.

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